Ocean Power Technologies Inc (OPTT)

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$OPTT, more news on the 28th,
Ocean Power Technologies secure key deal for WAM-V Unmanned surface vehicles

Wed, February 28, 2024 at 5:30 AM EST
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Vancouver, Canada --News Direct-- Ocean Power Technologies Inc

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to share exciting news about the company's success. Ocean Power Technologies has received multiple orders for fully integrated WAM-V Unmanned Surface Vehicles , totaling over $1.25 million.

This significant achievement underscores the growing demand for OPT's advanced marine technologies and their applications in various fields such as maritime surveillance, environmental monitoring, and ocean data collection.

The WAM-V USV represents the cutting edge of maritime innovation, offering superior performance in diverse ocean conditions. Its versatility and reliability make it an ideal choice for a wide range of marine applications, from data collection to security surveillance and environmental monitoring.

Stratmann highlighted that the recent commercial orders have come from clients in Latin America, demonstrating the broad capabilities and applications of the WAM-V USVs. OPT's commitment to delivering customizable and scalable solutions has positioned the company as a preferred partner in the industry.

Overall, this success reflects Ocean Power Technologies' dedication to providing innovative solutions that meet the evolving needs of the marine industry, and it marks an exciting milestone in the company's journey towards continued growth and impact in the field of marine technology.
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View source version on newsdirect.com: https://newsdirect.com/news/ocean-power-technologies-secure-key-deal-for-wam-v-unmanned-surface-vehicles-883493588